Preferred direction: BUY Comment: At the beginning of the new week, the euro remains on the buy list, especially if we are talking about the prospect of 1-3 days (before the Fed meeting on Wednesday). This event, as well as the NFP , forces one to be as flexible as possible and be prepared for changes in trading plans at the beginning of this week....
Golden Dilemma: The rate of the yellow steel has fallen from its excessive as US Dollar`s restoration pushed with the aid of using increased US middle PCE inflation information, placing strain at the cost of gold. The annual underlying inflation information rose at a better tempo of 2.7% from the estimates of 2.6% however decelerated from 2.8% recorded in...
Traders, Here's a breakdown of the current situation: Daily Chart: Despite a bullish channel, recent candles show signs of weakness, warranting caution. 4-Hour Chart: The trendline has been breached, and a reversal to this broken level is underway, indicating a potential shift in momentum. Intraday: A pivotal point coincides with previous significant zones,...
29th April DXY: Break below 105.50 could trade down to 105.30 level NZDUSD: Buy 0.5960 SL 20 TP 45 AUDUSD: Buy 0.6560 SL 20 TP 60 USDJPY: Sell 154.75 SL 30 TP 105 GBPUSD: Buy 1.2560 SL 40 TP 85 EURUSD: Sell 1.07 SL 30 TP 90 (could consolidated along resistance level for now) USDCHF: Sell 0.9090 SL 15 TP 35 USDCAD: Look for reaction at 1.3610 Gold:...
Gold time frame 4 hours According to our analysis, we expect the price to reach our range and wait for the price reaction from there. In the 4-hour time frame, the trend has changed, so short trades have a higher percentage of profit than long trades. It is better to enter short trades to reach a strong demand range.
@All Hello new week anyone. Wishing anyone a brand new week complete of energy. Good fitness and worthwhile trading ❤️❤️ @All GOLD this morning There turned into a pretty sturdy decline. This weekend there may be Nonfarm news. Currently, the Gold fee I see is extra at the Sell side. If every person watched the Zoom consultation the opposite day, I shared...
As the crisis in the Middle East is slowly calming down, the price of gold is ending its uptrend, in a quest to find a new equilibrium price. On this path, the price of gold first needs to find again its negative correlation with the USD, as it did during the times without significant news from geopolitics. The price of gold started the week with a strong selling...
By world 🌍 Forex’ Traders Hello 👋 traders "Gold Market Analysis 💡 4H Time Frame Chart 📊 _Bearish Signal 🚨_ We're seeing a potential short opportunity in the gold market, with a current price of $2378. Our target is $2287, which is a key support level. A breakdown below this level could lead to a significant price drop 💸. _Analysis 🤔_ The 4H time frame...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line RSI - Divergence Fibonacci Level - 61.80% Impulse Correction
Last week, Gold attempted to extend its decline as the USD gained strength following the release of the United States annual core Personal Consumption Expenditure Price Index (PCE) data for March. This data exceeded expectations, with the annual underlying inflation rate accelerating to 2.7% from the projected 2.6%, albeit slower than the 2.8% recorded in...
OANDA:XAUUSD market could see more volatility next week on news from the Federal Reserve and is expected to signal that it will not be ready to cut interest rates in June. Although expectations of loosening policy by the US Federal Reserve are fading, gold prices have also increased about 17% since February this year. Gold's strong performance is linked to...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price declined to the support level, which coincided with the buyer zone, and at once rebounded and made a strong upward impulse to the resistance level. Soon, Gold broke this level, which coincided with the seller zone and rose a little more, after which it...
Let's start the week off by looking at Gold. Price is lowering nicely towards our 'selling confirmation' zone which will be a safe entry for any of you with small accounts. Strict risk management still required.
Gold prices recovered losses but remained near $2,320 early Thursday. Fresh weakness in the US Dollar and US Treasury yields allow Gold buyers to breathe a sigh of relief. Gold prices remain vulnerable amid Middle East escalation, waiting for US Q1 GDP data. Gold prices steadied on Wednesday below the key 21-day simple moving average (SMA), then at $2,318,...
Why might Gold prices decline? Persistent Inflation: When prices exhibit stickiness, it means they don't adjust swiftly to changes in supply, demand, or the overall economy. If inflation remains high despite efforts by the Federal Reserve (the Fed) to manage it through interest rate adjustments, this scenario is termed sticky inflation. Federal Reserve and...
✅GOLD is moving up Now and the price made a Retest of the key horizontal Level of 2325$ from where We are already seeing a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi Everyone.. in 1hr we got head and shoulder so we place a entry in right shoulder top and also its near 50% fibo in 4hr.. but we doesn't get day sell confirmation may this current swing confirms the day sell... we got the day then this H&D will be SWING Entry... already price took our entry...FLOLLOW THE CHART... i will update the future setup in comments...
Gold News: Read the Latest Analysis on XAU/USD Gold, Silver Price Outlook: Precious Metals Seek Directional Cue Implied gold volatility (GVZ) has experienced a notable drop now that the risk of a broader conflict in the Middle East has subsided massively. As a natural result, gold prices have pulled back but remain at elevated levels. Gold bulls may be looking...